Carlyle Creditome Fund (Carlyle Creditome Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Carlyle Creditome Fund Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Carlyle Creditome Fund's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Carlyle Creditome Fund could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Carlyle Creditome Fund's Cash-to-Debt or its related term are showing as below:

CCIF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 1.06 Max: No Debt
Current: 0.81

During the past 5 years, Carlyle Creditome Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.21. And the median was 1.06.

CCIF's Cash-to-Debt is ranked worse than
62.24% of 1475 companies
in the Asset Management industry
Industry Median: 5.53 vs CCIF: 0.81

Carlyle Creditome Fund Cash-to-Debt Historical Data

The historical data trend for Carlyle Creditome Fund's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Carlyle Creditome Fund Cash-to-Debt Chart

Carlyle Creditome Fund Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

1.06

0.21

2.41

0.26

No Debt

Carlyle Creditome Fund Semi-Annual Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					2.41	0.42	0.26	0.64	No Debt

Competitive Comparison of Carlyle Creditome Fund's Cash-to-Debt

For the Asset Management subindustry, Carlyle Creditome Fund's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Carlyle Creditome Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Carlyle Creditome Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Carlyle Creditome Fund's Cash-to-Debt falls into.

Carlyle Creditome Fund Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Carlyle Creditome Fund's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Carlyle Creditome Fund had no debt ⁽¹⁾.

Carlyle Creditome Fund's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Carlyle Creditome Fund had no debt ⁽¹⁾.

Carlyle Creditome Fund (NYSE:CCIF) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Carlyle Creditome Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Carlyle Creditome Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Carlyle Creditome Fund (Carlyle Creditome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Carlyle Credit Income Fund (NYSE:CCIF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Vanderbilt Avenue, Suite 3400, New York, NY, USA, 10017

Website

https://www.carlylecreditincomefund.com

Carlyle Credit Income Fund is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity and junior debt tranches of collateralized loan obligations, that are collateralized by a portfolio consisting primarily of below-investment-grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.

Executives

Joshua Lefkowitz	officer: CCO, CLO & Secretary	C/O THE CARLYLE GROUP, 520 MADISON AVE, 38TH FLOOR, NEW YORK NY 10022
Nelson Joseph	officer: PFO, PAO & Treasurer	ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Lauren Michelle Basmadjian	director, officer: Principal Executive Officer	250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Nishil Mehta	other: Portfolio Manager	ONE VANDERBILT AVENUE, SUITE 3400, NEW YORK NY 10017
Joan Y Mccabe	director	C/O CARLYLE GLOBAL CREDIT INVESTMENT MGT, ONE VANDERBILT AVE STE 3400, NEW YORK NY 10017
Sanjeev Handa	director	C/O CARLYLE GLOBAL CREDIT INVESTMENT MGT, ONE VANDERBILT AVE STE 3400, NEW YORK NY 10017
Cg Subsidiary Holdings L.l.c.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Brian Marcus	director	C/O THE CARLYLE GROUP, 520 MADISON AVE, 38TH FLOOR, NEW YORK NY 10022
Mark Garbin	director	C/O ALTEGRIS KKR COMMITMENTS MASTER FUND, 1200 PROSPECT STREET, SUITE 400, LA JOLLA CA 92037
Carlyle Group Inc.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Tc Group, Llc	10 percent owner	C/O CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE NW SUITE 220 S, WASHINGTON DC 20004
Carlyle Holdings I Gp Inc.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Investment Management Llc	10 percent owner	1001 PENNSYLVANIA AVE. N.W., WASHINGTON DC 20004